Barclays Maintains Overweight on Intuit, Lowers Price Target to $740
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Intuit (NASDAQ:INTU) but slightly lowers the price target from $745 to $740.

August 23, 2024 | 1:46 pm
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Barclays analyst Raimo Lenschow maintains an Overweight rating on Intuit but slightly lowers the price target from $745 to $740, indicating a minor adjustment in expectations.
The Overweight rating suggests continued confidence in Intuit's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100